SUN COMMUNITIES INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SUI
ISIN:

SUN COMMUNITIES INC. - Daily - Technical analysis published on 11/20/2019 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 162.71 USD

My targets

168.47 USD (+2.93%)

174.28 USD (+6.48%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUN COMMUNITIES INC. as long as the price remains well above 162.71 USD. The buyers” bullish objective is set at 168.47 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 174.28 USD. If there is any crossing, the next objective would be the resistance located at 185.34 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SUN COMMUNITIES INC. rating is 163.67 USD. The price registered an increase of +1.37% on the session with the lowest point at 160.16 USD and the highest point at 163.91 USD. The deviation from the price is +2.19% for the low point and -0.15% for the high point.

160.16

163.91

163.67

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this SUN COMMUNITIES INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	136.16	140.45	162.71	163.67
Change (%)	-16.81%	-14.19%	-0.59%	-
Change	-27.51	-23.22	-0.96	-
Level	Intermediate	Minor	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	157.94	158.75	160.11	160.92	162.28	163.09	164.45
Camarilla	160.86	161.06	161.26	161.46	161.66	161.86	162.06
Woodie	158.21	158.89	160.38	161.06	162.55	163.23	164.72
Fibonacci	158.75	159.58	160.09	160.92	161.75	162.26	163.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	149.43	151.61	155.52	157.70	161.61	163.79	167.70
Camarilla	157.76	158.31	158.87	159.43	159.99	160.55	161.11
Woodie	150.30	152.04	156.39	158.13	162.48	164.22	168.57
Fibonacci	151.61	153.94	155.37	157.70	160.03	161.46	163.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	134.73	140.54	151.60	157.41	168.47	174.28	185.34
Camarilla	158.01	159.56	161.10	162.65	164.20	165.74	167.29
Woodie	137.35	141.85	154.22	158.72	171.09	175.59	187.96
Fibonacci	140.54	146.99	150.97	157.41	163.86	167.84	174.28

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.91
MACD (12,26,9):	1.7900
Directional Movement:	14.72
AROON (14):	57.14
DEMA (21):	160.00
Parabolic SAR (0,02-0,02-0,2):	152.99
Elder Ray (13):	3.54
Super Trend (3,10):	153.77
Zig ZAG (10):	163.67
VORTEX (21):	1.0600
Stochastique (14,3,5):	79.31
TEMA (21):	159.84
Williams %R (14):	-2.16
Chande Momentum Oscillator (20):	0.96
Repulse (5,40,3):	3.8000
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	0.20

MA7:	158.49
MA20:	158.15
MA50:	153.47
MA100:	146.00
MAexp7:	159.65
MAexp20:	157.62
MAexp50:	153.53
MAexp100:	146.55
Price / MA7:	+3.27%
Price / MA20:	+3.49%
Price / MA50:	+6.65%
Price / MA100:	+12.10%
Price / MAexp7:	+2.52%
Price / MAexp20:	+3.84%
Price / MAexp50:	+6.60%
Price / MAexp100:	+11.68%

News

Don"t forget to follow the news on SUN COMMUNITIES INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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